How are money market funds preparing for a potential debt ceiling crisis?
NEW YORKÂ – Assets in money market funds have soared to record levels, drawing investors with their safe-haven appeal and yields that far exceed those paid on bank deposits. The funds are traditionally considered low-risk and liquid as they invest in high-quality assets, including short-term Treasuries. Yet funds that rely on U.S. government debt could … Continue reading How are money market funds preparing for a potential debt ceiling crisis?
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